Fully Remodeled FourPlex Home in a Very Desirable Location

Asking $ 800,000
  • Completely renovated Building across the street from Tower Grove Park.
  • The building was renovated a little over a year ago.
  • With updated plumbing and electric and the following washer/dryer in units.
  • The units feature hardwood floors throughout.
  • A bright white eat-in kitchen with brand new stainless steel refrigerator, range, microwave, dishwasher, and white shaker cabinets with custom granite countertops.
  • In addition to an updated bathroom with fresh white tile and new modern vanity.
  • Brand new refinished hardwood floors.
  • The buildings consist of 2- 3 bedroom 1 bathroom units and 2 – 4 bedroom 1 bathroom units.
  • The current gross income is $6,519 a month.
  • 4 car parking in the rear.
  • All units have central HVAC.
  • This is a perfect building for a house hacker.
  • Live in the 3-bedroom unit and rent out the additional 2 bedrooms in your unit.
  • Add that rent with the other three units’ rent and you live for free.
  • This amazing Building will not last long. call or text now to set up a showing!
  • Very recent inspection available for review.
  • There is a section of the property that still is using Knob & Tube copper wiring electrical.
  • This is up to code and has been replaced in the kitchens, bathroom and living areas that have been remodeled in 2022.
  • There are sections of Knob and Tube in the basement and running along the exterior walls.
  • The city does not inspect this.
  • Per our agent, 80% of the homes in the city also have some Knob & Tube so he does not feel it will impact resale values.
  • Updated On:
  • November 7, 2023
  • 14 Bedrooms
  • 4 Bathrooms
  • 4,417.00 ft2
  • Year Built: 1922
Property Id : 57648
Price: Asking $ 800,000
Property Size: 4,417.00 ft2
Property Lot Size: 4,417.00 ft2
Rooms: 26
Bedrooms: 14
Bathrooms: 4
Year Built: 1922
External Construction: Brick
Rent (mo): 7200
ROI (ann): 25.9
Cashflow (mo): 1168
Property Taxes (mo): 400
Insurance (mo): 300
Repairs (mo): 400
Management Fee (mo): 540
Leasing Fee (ann): 225
HOA (mo): 350
Vacancy Rate (ann): 4
$ 4,792.41
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,792.41

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Information contained herein was obtained from sources deemed reliable, however, Simply Do It and/or the owner(s) of the property make no guarantees, warranties or representation as to the completeness or accuracy thereof. The presentation of the property is offered subject to errors, omissions, changes in price and/or terms, prior sale or lease or removal from the market for any reason without notice. The analysis is provided "As Is". All the information is believed to be accurate (except for the small effects of some simplifying assumptions), but is not guaranteed, and depends on the values entered for the property. This analysis is intended for the purpose of illustrative projections. The information provided is not intended to replace or substitute for any legal, accounting, investment, real estate, tax, or other professional advice, consultation, or service. Simply Do It and/or the owner(s) are not responsible nor liable for any damages arising from the use of the analysis info.

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